Collateral Specialist - Lien Perfection

About the role

The Collateral Specialist - Lien Perfection plays a crucial role in ensuring that all necessary documentation for collateral is tracked and perfected for both consumer and commercial loan types. This position requires a high level of organization and attention to detail.

Responsibilities

• Create exceptions for new loans and renewals to track for original documentation.
• Perfect various types of collateral to ensure the Bank's line is properly recorded or stated on all collateral.
• Review documentation packages for completeness and clear any related exceptions.
• Complete all tasks within assigned Service Level Agreements (SLAs).
• Create collateral folders for new loans and file in the vault.
• Ensure all trailing documents are filed in their respective collateral folders.
• Research and review inquiries from the line of business regarding collateral.
• Aid with research requests, audit reviews, and department projects as needed.

Qualifications

• High school diploma or equivalent.
• Minimum 3 years of experience in an office or operations environment supporting banking line of business.
• Good understanding of both consumer and commercial loans.
• Highly organized and able to complete a high volume of tasks within assigned SLAs.
• IBS system experience preferred.
• Good written and oral communication skills and organizational abilities.
• Experience in back-office loan processing of commercial, residential, and small business loans.

Skills

• Excellent organizational and attention to detail skills.
• Ability to manage multiple tasks simultaneously.
• Strong communication skills.

Benefits

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Life Insurance
• Accidental Death and Dismemberment Insurance
• Short-Term and Long-Term Disability Insurance
• Parental Leave
• Employee Assistance Program (EAP)
• Traditional and Roth 401(k) with company match
• Flexible Spending Account (FSA)
• Employee Stock Purchase Plan at 5% discount
• Critical Illness Insurance
• Accident Insurance
• Transportation and Commuting Benefits
• Banking Benefits
• Pet Insurance

Pay

The estimated salary range for this role is $42,000 - $60,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills, and experience.

Schedule

Flexible work hours are offered to accommodate the needs of the team and the community they serve.